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Bitcoin Cash Analysis: $230 Holds The Key But Can Bulls Clear $245?

Bitcoin cash price is currently facing a strong resistance near the $245 level against the US Dollar.The price is currently correcting lower and approaching the $230 support zone.There is a major bullish trend line forming with support near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must stay above the $230 support to make another attempt to clear the $245 resistance.Bitcoin cash price is correcting gains from the $245 hurdle against the US Dollar....

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Binance Futures, OKEx and Bitfinex Expand Support of Dogecoin

Dogecoin that is skyrocketing these days has attracted the attention of such major platforms as Binance Futures, OKEx, and Bitfinex.After almost tripling the price in less than a month, digital asset Dogecoin (DOGE) has attracted the attention of three cryptocurrency exchanges, which include Binance, OKEx, and Bitfinex. Trading at $0.004629 at the time of writing, the coin has added 21.55% in the past 24-hours.Further analysis of its past year performance reveals that in the past three...

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Justin Sun’s BitTorrent Introduces Binance USD (BUSD) As A Payment Option

BitTorrent Inc users can now purchase goods and memberships on the platform with the USD-backed stablecoin of the leading cryptocurrency exchange Binance – BUSD.BUSD And BNB Changes On BitTorrentIn a press release shared with CryptoPotato earlier today, the popular decentralized peer-to-peer company announced the introduction of the newest cryptocurrency asset on its platform – Binance’s USD-backed stablecoin (BUSD).This becomes possible with the assistance of the integrated payment gateway...

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Obyte nun voll dezentralisiert

Der 7. Order Provider wurde offiziell bestätigt. Die University of Nicosia wird der nächste sogenannte „Witness“ im Obyte Projekt sein. Damit sind nun die Mehrheit der Order Provider unabhängige Agents, wodurch Obyte jetzt dezentral verwaltet wird.Cryptocoin News: Obyte nun voll dezentralisiertDie Witness Adresse wird dem Hub hinzugefügt, so dass Obyte Nutzer in Kürze eine Benachrichtigung erhalten sollten. Wer der University of Nicosia als weiteren Order Provider zustimmt, muss seine...

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EOS Price Analysis: Bulls Likely Aiming $3.0 or Higher

EOS price started a fresh increase from the $2.250 support area against the US Dollar.The price gained momentum above the $2.500 resistance and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct lower, but there are many supports near $2.600 and $2.500.EOS price is trading in a positive zone above $2.500 against the US Dollar, similar...

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Litecoin (LTC) Price Analysis: Fresh Rally To $50 Seems Likely

Litecoin price started a fresh increase from the $40.50 and $40.00 support levels against the US Dollar.LTC price is now trading nicely above the $44.00 level and the 55 simple moving average (4-hours).There was a break above a significant bearish trend line with resistance near $42.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is currently consolidating near the $45.50 resistance and it could continue to rise.Litecoin price is rising again and trading above...

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Bitcoin Price Analysis: BTC Breaking Above 45-Days Resistance Line, Will Altcoins Calm Down?

As mentioned in the last analysis, we anticipated the down-trending level (blue line) would create some resistance for bullish traders, and after five failed attempts, they finally succeeded in breaking through it.Right now (as of writing these lines), BTC prices have jumped $175 in the last hour, and for the first time since January 2020, a bullish convergence has appeared on the monthly MACD.Bitcoin Price Levels to Watch in the Short-termDepending on the strength of the current breakout, we...

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DeFi Tokens Lead Altcoin Season 2020 as Total Value Locked Crossed $2 Billion

Decentralized finance tokens have outperformed their crypto brethren over the past month, with some hitting two-year highs. As the nascent industry keeps growing, which ones will be next?DeFi has been the darling of the crypto industry over the past month, doubling in total value locked (TVL) in just a few weeks. A new all-time high of $2.12 billion has just been reached, according to Defipulse.com. This represents the dollar equivalent value of all the crypto collateral locked in smart...

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The Altcoins That Skyrocket Despite Bitcoin: Wednesday Price Watch

Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season.Altcoins PumpingThe majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased its value from the top 100 coins by market cap more than Dogecoin (DOGE).Its surge of over 50% means that DOGE is now trading at $0.0043 and 46...

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Cardano (ADA) Price Analysis: Rallies Over 20%, More Gains Possible

ADA price is up over 20% and it broke the key $0.1000 resistance area against the US Dollar.The price traded close to the $0.1400 level and it is currently consolidating gains.There is a major bullish trend line forming with support near $0.1100 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but dips remain well supported on the downside at $0.1200.Cardano price is gaining bullish momentum against the US Dollar and bitcoin. ADA price surged more than 20% and...

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